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Aquaculture in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Aquaculture Market Research Report | SIC A03.210 | Oct 2016

Good catch: Industry exports are rapidly growing to meet strong global demand

IBISWorld’s Aquaculture market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Cooke Aquaculture Scotland Ltd Cooke Aquaculture Scotland Ltd market share
Hjaltland Seafarms UK Ltd Hjaltland Seafarms UK Ltd market share
Marine Harvest (Scotland) Ltd Marine Harvest (Scotland) Ltd market share
Scottish Sea Farms Ltd Scottish Sea Farms Ltd market share
The Scottish Salmon Co Ltd The Scottish Salmon Co Ltd market share
Industry Statistics & Market Size
Revenue
£922m
Annual Growth 12-17
5.7%
Annual Growth 17-22
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Profit
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Employment
3,186
Businesses
426
Industry Analysis & Industry Trends

The Aquaculture industry is expected to grow strongly over the five-year period ending 2016-17. Industry revenue is led by salmon growth. Trout, mussels and other shellfish are also farmed, but nearly 95% of industry revenue is estimated to come from salmon farming. The industry is dominated by farming of Atlantic salmon in the Scottish lochs and throughout the island coastlines of Scotland. The performance of the industry is highly dependent on trends in global salmon prices and supply conditions in competing producer countries. During the five years through 2016-17, industry revenue is estimated to rise at a compound annual rate of 5.7% to reach £922.3 million.

In the current year the industry is forecast to grow by... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Aquaculture industry is forecast to be in the growth phase of its life cycle. During the 10 years through 2021-22 industry value added, which measures the industry's contribution to UK GDP, is forecast to grow at a compound annual rate of 4.2%, much faster than the 2.3% compound annual UK GDP growth expected over the same period. This indicates that the industry is growth stage of it life cycle.

Global demand for farmed salmon has increased steadily as wild salmon catches have fallen and salmon is increasingly considered to be a healthy, premium food product. This has opened up new product opportunities and markets for industry operators. Whi.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Aquaculture Industry?

Companies in this industry farm salmon, trout, shellfish and other aquatic organisms in nets or cages in marine and freshwater lochs or coastal waters.

Industry Products
SalmonTroutShellfish
 
Industry Activities
Salmon farmingTrout farmingMussel farmingOther shellfish farming


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